Nexus Industrial REIT (TSE:NXR.UN - Get Free Report) announced a monthly dividend on Friday, January 31st,TickerTech Dividends reports. Stockholders of record on Friday, February 14th will be given a dividend of 0.0533 per share on Friday, February 14th. This represents a $0.64 annualized dividend and a dividend yield of 8.67%. The ex-dividend date of this dividend is Friday, January 31st.
Nexus Industrial REIT Stock Performance
Shares of TSE NXR.UN traded down C$0.18 during mid-day trading on Friday, hitting C$7.38. The stock had a trading volume of 363,817 shares, compared to its average volume of 149,139. The firm has a market cap of C$522.06 million, a PE ratio of 3.05 and a beta of 1.51. The company has a debt-to-equity ratio of 129.95, a quick ratio of 0.12 and a current ratio of 0.44. The company has a 50 day moving average of C$7.70 and a two-hundred day moving average of C$8.07. Nexus Industrial REIT has a twelve month low of C$6.47 and a twelve month high of C$9.15.
Analyst Ratings Changes
A number of research analysts have recently weighed in on NXR.UN shares. Raymond James cut their price objective on Nexus Industrial REIT from C$9.75 to C$9.00 in a report on Monday, January 13th. CIBC raised their price target on shares of Nexus Industrial REIT from C$9.00 to C$9.50 in a research report on Wednesday, November 13th. Finally, BMO Capital Markets lifted their price objective on shares of Nexus Industrial REIT from C$8.50 to C$9.00 in a research note on Monday, October 28th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to data from MarketBeat.com, Nexus Industrial REIT has a consensus rating of "Moderate Buy" and an average target price of C$8.72.
Check Out Our Latest Analysis on NXR.UN
Insider Activity at Nexus Industrial REIT
In other Nexus Industrial REIT news, Director Edwin E. Mclaughlin bought 50,000 shares of Nexus Industrial REIT stock in a transaction dated Monday, December 9th. The stock was acquired at an average cost of C$7.88 per share, with a total value of C$393,845.00. Insiders bought a total of 55,708 shares of company stock worth $438,844 in the last three months. Company insiders own 32.92% of the company's stock.
About Nexus Industrial REIT
(
Get Free Report)
Nexus Industrial REIT is a growth-oriented real estate investment trust focused on increasing unitholder value through the acquisition, ownership, and management of industrial, office and retail properties.
Read More
Before you consider Nexus Industrial REIT, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Nexus Industrial REIT wasn't on the list.
While Nexus Industrial REIT currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
